
Cheap Apartments for Rent in the 38106 ZIP Code of Memphis, TN from $300 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the 38106 ZIP Code area of Memphis.


1303 E Trigg Ave

Longview Gardens

500 Simpson Ave, Unit 6

Longview Heights

888 Kerr Ave, Unit 27

607 E McLemore Ave, Unit 2

1048 E McLemore Ave

1379 Ferguson Rd

1417 Rayner St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1278-1280 Saxon Ave

273 Gaston Ave

Ruby Oaks Apartments

National Rose Co.

1549 Patton St

Total Monthly Price
The Marine Residence

Mississippi Court Apartments

Divine Properties Complex

2309 Warren St

Willie Mitchell Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Alpha Renaissance Apartments

1154 Wilson St

Manor Park Apartments

Crescent Bluff II

Crescent Bluff

760 Richmond Ave

Cane Creek Apartments

285 Lucy Ave

Downtown Studio Suites- All Included

2183 Kansas St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Bantam Springbrook Apartments

Melrose Court Apartments

Total Monthly Price
1011 S Willett St

Central Gardens

331 W Dison Ave

1235 Vinton Ave

The Bonsai at Central Gardens

1751 Bismark St

1753 Bismark St

1914 Felix Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1195 Dorothy Pl

Goodbar Townhomes

The Melrose Midtown

Belvedere Place

2054 Benford St

1228 Harbert Ave

South Junction Apartments

1072 S Barksdale St

Edgewood Townhomes

Washington Manor
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Memphis, TN Local Guide

How much does it cost to rent an apartment in 38106?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38106 Studio Apartments | $1,043 | $675 | $1,450 |
| 38106 1 Bedroom Apartments | $1,086 | $450 | $2,300 |
| 38106 2 Bedroom Apartments | $1,208 | $273 | $2,830 |
| 38106 3 Bedroom Apartments | $1,062 | $825 | $1,695 |
| 38106 4 Bedroom Apartments | $1,622 | $1,095 | $2,150 |
Browse Apartments in the 38106 Zip Code of Memphis
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Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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The Local Memphis Experts Guide to Renting Near the Citys Top Employers
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Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
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Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.